Credit Check

Credit Check

Are you looking to make a big purchase this year? Do you want to buy a car, home or start a sole proprietorship? Congrats on your decision, but have you checked your credit report?

Your credit report is a report used by lenders to determine whether or not they should loan you money and how much interest you should be charged for that amount. This report is based on the debt that you have accumulated, whether they were/are paid on time, how much debt you are currently carrying, bankruptcy status, previous employers and your addresses. This information is garnered by the following reporting agencies:

Based on the information from these 3 agencies, you are then given a FICO score from 300-850, with the highest score as the best. Starting from 18 years of age, your credit is considered in various aspects of your life ranging from renting a home, taking out a loan, getting a job and getting credit cards. Each year you should check your credit report at https://www.annualcreditreport.com and/or ask your credit card company to provide you with a copy.

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One thought on “Credit Check”

You know it’s just the same in any other field.
You would think history teaches us anything, but alas.
Hate all you want but the world changes rapidly, and we have no control whatsoever over it.
For instance, imagine Barack had enough balls to put Russian bear to his place, but it seems like it’s never happening, welcome world war.
A truly inspiring post, thanks!
Sarah http://phyto-renew350i.com/